Elizabeth Hurley’s son Damian is set to inherit NOTHING from his father’s family’s multi-million trust fund as he was born out of wedlock.
The teenager’s grandfather, Dr Peter Bing, is trying to prevent the 16-year-old from gaining access to the fortune as he doesn’t consider him a relation.
He claimed father and son have NEVER met.
In trying to deny a possible claim by Damian’s half-sister Kira Kerkorian, Bing court papers in Los Angeles County show the attempt to stop Liz’s only child from gaining a penny.
Dr Bing, whose son Steve Bing had a relationship with Liz in 2001, states that after setting up the ‘GC trust’ in 1980 he stipulated any grandchild must be “raised by my children as part of their families” to benefit.
According to the documents he also stipulated his trust “would not benefit any person bought out of wedlock unless that person had lived for a substantial period of time as a regular member of the household”.
The issue came to a head when Kira ‘demanded’ information on the trust, claiming she was a beneficiary.
The 20-year-old was born to Steve Bing, 53, and tennis player Lisa Bonder, 53.
Initially, it was believed Kira’s father was Kirk Kerkorian.
In 2016, she was awarded £4.94 million from the estate of the late casino tycoon, but a DNA test later revealed Steve was her actual father.
In trying to prevent any claims, Dr Bing has revealed his son has “never met” Damian and as a result, does not want him entitled to any of the trust’s money.
Steve Bing initially denied Damian was his son, saying he and Liz, 53, were not in an exclusive relationship at the time and demanded a paternity test.
The test proved he was his biological son.
In his affidavit to try and stop his grandchildren claiming on the Trust, Dr Bing states: “I have never met Damian or Kira, and neither of them was raised by Stephen as part of his family.
"l know that neither of them has lived with Stephen while a minor as a regular member of his household.
“To the best of my knowledge, Stephen has never met Damian, and Stephen only met Kira after she became an adult.
“Regardless of whether, when and if Stephen met with or had any relationship with Damian or Kira while they are or were minor because neither was raised by him during their formative years l do not consider them my grandchildren.
“Even were Stephen to develop a relationship with Damian now, l would not consider him my grandchild because he is nearing adulthood.”
Businessman Steve Bing is worth an estimated £456 million.
He received much of his wealth from his grandfather, Leo S. Bing, who had made his fortune in New York real estate in the 1920s.
It is not known if Damian was ever hoping to inherit any of his father’s fortune.
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